Don't click or your IP will be banned


Hittin' The Web with the Allman Brothers Band Forum
You are not logged in

< Last Thread   Next Thread ><<  1    2  >>Ascending sortDescending sorting  
Author: Subject: President Trump scores major trade deal with Mexico, stock market soars

Universal Peach





Posts: 6189
(6198 all sites)
Registered: 6/1/2009
Status: Offline

  posted on 8/27/2018 at 06:22 PM
After the Bell: Dow Climbs 259 Points as U.S.-Mexico Trade Deal Sends Stocks Soaring
https://www.barrons.com/articles/after-the-bell-dow-soars-259-points-as-u-s -mexico-trade-deal-sends-stocks-soaring-1535408426

STOCKS SOAR AS U.S., MEXICO STRIKE TRADE DEAL
https://www.schaeffersresearch.com/content/ezines/2018/08/27/stocks-soar-as -us-mexico-strike-trade-deal



 
Replies:

Peach Extraordinaire



Karma:
Posts: 4397
(4408 all sites)
Registered: 12/18/2004
Status: Offline

  posted on 8/27/2018 at 06:24 PM
Anyone who uses one day of the stock market to claim anything knows nothing about how the stock market works.
 

World Class Peach



Karma:
Posts: 5560
(5559 all sites)
Registered: 9/9/2011
Status: Offline

  posted on 8/27/2018 at 06:33 PM
ROFL

 

____________________
Flies all green 'n buzzin' in his dungeon of despair
Who are all those people that he's locked away up there
Are they crazy?,
Are they sainted?
Are they zeros someone painted?,
It has never been explained since at first it was created

 

Universal Peach



Karma:
Posts: 6189
(6198 all sites)
Registered: 6/1/2009
Status: Offline

  posted on 8/27/2018 at 07:52 PM
quote:
Anyone who uses one day of the stock market to claim anything knows nothing about how the stock market works.



This coming from Keller who have repeatedly proven to be incapable of sourcing basic information.

You "one-day" quip ignores the fact that since the day Donald Trump was elected the stock market has soared to historic highs.

Admit it son, President Trump continues to rack up major wins for the U.S. and it's people.

 

World Class Peach



Karma:
Posts: 5032
(5027 all sites)
Registered: 12/27/2003
Status: Offline

  posted on 8/27/2018 at 09:17 PM
quote:
Admit it son, President Trump continues to rack up major wins for the U.S. and it's people.


Who is Trump playing against in this game you've created?

 

Peach Extraordinaire



Karma:
Posts: 4337
(4335 all sites)
Registered: 8/26/2006
Status: Offline

  posted on 8/27/2018 at 09:38 PM
Cool, so I guess Mexico is paying for the wall now?
 

Universal Peach



Karma:
Posts: 6189
(6198 all sites)
Registered: 6/1/2009
Status: Offline

  posted on 8/27/2018 at 09:50 PM
quote:
Cool, so I guess Mexico is paying for the wall now?


It really upsets you lefties when President Trump scores yet another major win for the U.S.


 

World Class Peach



Karma:
Posts: 5032
(5027 all sites)
Registered: 12/27/2003
Status: Offline

  posted on 8/27/2018 at 09:57 PM
Who is he playing against?
 

World Class Peach



Karma:
Posts: 5032
(5027 all sites)
Registered: 12/27/2003
Status: Offline

  posted on 8/27/2018 at 10:14 PM
quote:
It really upsets you lefties when President Trump scores yet another major win for the U.S.


I think they just wish you would go enjoy your "wins" somewhere.

 

Peach Extraordinaire



Karma:
Posts: 4337
(4335 all sites)
Registered: 8/26/2006
Status: Offline

  posted on 8/27/2018 at 10:42 PM
quote:
quote:
Cool, so I guess Mexico is paying for the wall now?


It really upsets you lefties when President Trump scores yet another major win for the U.S.




Quite the contrary. If something is good for the US, I'm all for it regardless of who gets credit. I just have my doubts that it is a major "win" for the US. From what I hear, there is very little change in the agreement other than the name, although it does require wages be raised for makers of car parts in Mexico and that an increase in percentage of car parts be made in North America. These are good things, but not exactly earth shattering. Also, this agreement means nothing unless congress approves it, which doesn't look like it will happen until next year.

 

Maximum Peach



Karma:
Posts: 9816
(9841 all sites)
Registered: 4/27/2003
Status: Offline

  posted on 8/28/2018 at 08:11 AM
quote:
Quite the contrary. If something is good for the US, I'm all for it regardless of who gets credit. I just have my doubts that it is a major "win" for the US. From what I hear, there is very little change in the agreement other than the name, although it does require wages be raised for makers of car parts in Mexico and that an increase in percentage of car parts be made in North America. These are good things, but not exactly earth shattering. Also, this agreement means nothing unless congress approves it, which doesn't look like it will happen until next year.



You've highlighted the two big things I picked up on as well.

First requiring wages to be raised in Mexico (or Canada) could, could give manufacturers some pause when deciding if they want to continue or invest in US facilities or move to Mexico, and maybe that means some jobs stay here if labor costs are more even. They move to Mexico not so they can be closer to that retail market, they do so for lower costs, which labor is one of them. From the union perspective, atleast their is organized labor and good wages and benefits at Canadian factories - so the incentive for manufacturers isn't so great to locate in Canada compared to Mexico. Increasing pay in Mexico could possibly keep some jobs here or create some new jobs here with new investment. That is good...potentially.

The other thing is really a big nothing, increasing the content of the autos to be higher North American. Notice, it says 'North America'. Simply increasing the content of a car built in Canada, Mexico or the US as a higher % of North America content does nothing to help content suppliers and laborers specifically in the US. All it really does is reduce the % of non North American suppliers and simply it means that the Mexican or Canadian content (or maybe US) will increase to satisfy this new requirement.

It isn't a necessarily bad change if one is trying to keep more parts and related jobs in North America...but if the intent is or was to help more US specific jobs, this provision doesn't demand that. I think it is more likely we see higher Mexican content in the autos rather than higher US content as a result of that provision. We would know if Mexican content increases, however it will be impossible to gauge the US and Canadian content since it is lumped together as one...so if Canadian content were to increase it would be buried in the combined US/CN figure and we wouldn't know if the US part went up or the CN part went up.

End of the day, the changes I read about in a NYT article aren't bad, generally they could be considered good. There were some other changes as well that aren't especially important to me about sunsetting and legal challenges against countries. So trade agreement revisions can and should happen and no doubt an incredible amount of work has gone into this from all sides. In the final analysis I fail to see any major or huge or big victory here and it certainly isn't any kind of ideal or model agreement I would've hoped for.

 

Universal Peach



Karma:
Posts: 6189
(6198 all sites)
Registered: 6/1/2009
Status: Offline

  posted on 8/28/2018 at 10:10 AM
S&P, Nasdaq hit record highs as trade war fears recede

(Reuters) - U.S. stock indexes rose on Tuesday, with the benchmark S&P 500 and the Nasdaq indexes hitting fresh all-time highs, as a trade agreement between the United States and Mexico calmed fears of a global trade war.

https://www.reuters.com/article/us-usa-stocks/futures-edge-higher-as-u-s-me xico-deal-eases-trade-war-fears-idUSKCN1LD1AW



Next up, Canadian Foreign Minister Chrystia Freeland comes begging to Washington, D.C., today for trade talks following the announcement of a new agreement between the U.S. and Mexico.



 

Maximum Peach



Karma:
Posts: 9816
(9841 all sites)
Registered: 4/27/2003
Status: Offline

  posted on 8/28/2018 at 11:46 AM
Trump's tactic is to threaten everything, pull the rug out. This is how he approaches pretty much everything even though that isn't really what he wants. And in the end the parties get together and he (the US) settles for much less than what the original objective was.

No surprise the markets are pleased. Everyone was just holding their breath that the bite isn't as bad as the bark on this trade stuff. Many CEOs, investors, movers-shakers, just took the wait and see approach with Trump because they thought that in the end, he really doesn't want to tariff all the stuff from Mexico, or pull out of NAFTA. Same with the China stuff, these people are giving him the benefit of the doubt because, Trump is one of them, a businessman and they think that he ultimately has their best interests at heart, even if he has a different, unique or even dangerous way to get there.

But when all the dust settles, what real substantial change is there? Wall Street doesn't want change in a nationalist vein. Just don't rock the boat right? The vast majority of corporate board rooms don't want change that puts their growth and profits at risk. Sometimes among certain groups, I think I am the only person who really wants change. Does Trump want change...or does he just want to be able to claim change and score fictitious victories to promote to the masses?

It is risky stuff to advocate and push for drastic change in how the US economy and global economic system functions. And maybe the path we are on, the one we have been on is better, it's safer for sure. I think there is a better way, but it requires alot of change and the people in charge of making those decisions don't want any of that change...so...yeah...we get minimal improvements at best.

At the very least updating and reopening trade deals with South Korea and Mexico and all of our trading partners is good and in that respect Trump deserves some credit. But, from my point of view, the actual changes we are getting are not matching the expectations. Frankly, if we were getting the changes that some had hoped for and that Trump himself had pushed for, the markets would not be soaring, quite the contrary. But we should not let 'markets' dictate how and what our country wants to do, with stuff like this the tail always wags the dog though.

 

Universal Peach



Karma:
Posts: 6189
(6198 all sites)
Registered: 6/1/2009
Status: Offline

  posted on 8/28/2018 at 12:30 PM
quote:
Trump's tactic is to threaten everything, pull the rug out. This is how he approaches pretty much everything even though that isn't really what he wants. And in the end the parties get together and he (the US) settles for much less than what the original objective was.

No surprise the markets are pleased. Everyone was just holding their breath that the bite isn't as bad as the bark on this trade stuff. Many CEOs, investors, movers-shakers, just took the wait and see approach with Trump because they thought that in the end, he really doesn't want to tariff all the stuff from Mexico, or pull out of NAFTA. Same with the China stuff, these people are giving him the benefit of the doubt because, Trump is one of them, a businessman and they think that he ultimately has their best interests at heart, even if he has a different, unique or even dangerous way to get there.

But when all the dust settles, what real substantial change is there? Wall Street doesn't want change in a nationalist vein. Just don't rock the boat right? The vast majority of corporate board rooms don't want change that puts their growth and profits at risk. Sometimes among certain groups, I think I am the only person who really wants change. Does Trump want change...or does he just want to be able to claim change and score fictitious victories to promote to the masses?

It is risky stuff to advocate and push for drastic change in how the US economy and global economic system functions. And maybe the path we are on, the one we have been on is better, it's safer for sure. I think there is a better way, but it requires alot of change and the people in charge of making those decisions don't want any of that change...so...yeah...we get minimal improvements at best.

At the very least updating and reopening trade deals with South Korea and Mexico and all of our trading partners is good and in that respect Trump deserves some credit. But, from my point of view, the actual changes we are getting are not matching the expectations. Frankly, if we were getting the changes that some had hoped for and that Trump himself had pushed for, the markets would not be soaring, quite the contrary. But we should not let 'markets' dictate how and what our country wants to do, with stuff like this the tail always wags the dog though.



President Trump's tactics are producing great results for the U.S. after decades of bad trade deals.

 

World Class Peach



Karma:
Posts: 5032
(5027 all sites)
Registered: 12/27/2003
Status: Offline

  posted on 8/28/2018 at 02:01 PM
No Hillary, No Obama, No corruption charges, No pursuit of justice for either by any Republican in Washington.
 

True Peach



Karma:
Posts: 10538
(10537 all sites)
Registered: 8/16/2005
Status: Offline

  posted on 8/28/2018 at 02:04 PM
quote:
quote:
Trump's tactic is to threaten everything, pull the rug out. This is how he approaches pretty much everything even though that isn't really what he wants. And in the end the parties get together and he (the US) settles for much less than what the original objective was.

No surprise the markets are pleased. Everyone was just holding their breath that the bite isn't as bad as the bark on this trade stuff. Many CEOs, investors, movers-shakers, just took the wait and see approach with Trump because they thought that in the end, he really doesn't want to tariff all the stuff from Mexico, or pull out of NAFTA. Same with the China stuff, these people are giving him the benefit of the doubt because, Trump is one of them, a businessman and they think that he ultimately has their best interests at heart, even if he has a different, unique or even dangerous way to get there.

But when all the dust settles, what real substantial change is there? Wall Street doesn't want change in a nationalist vein. Just don't rock the boat right? The vast majority of corporate board rooms don't want change that puts their growth and profits at risk. Sometimes among certain groups, I think I am the only person who really wants change. Does Trump want change...or does he just want to be able to claim change and score fictitious victories to promote to the masses?

It is risky stuff to advocate and push for drastic change in how the US economy and global economic system functions. And maybe the path we are on, the one we have been on is better, it's safer for sure. I think there is a better way, but it requires alot of change and the people in charge of making those decisions don't want any of that change...so...yeah...we get minimal improvements at best.

At the very least updating and reopening trade deals with South Korea and Mexico and all of our trading partners is good and in that respect Trump deserves some credit. But, from my point of view, the actual changes we are getting are not matching the expectations. Frankly, if we were getting the changes that some had hoped for and that Trump himself had pushed for, the markets would not be soaring, quite the contrary. But we should not let 'markets' dictate how and what our country wants to do, with stuff like this the tail always wags the dog though.



President Trump's tactics are producing great results for the U.S. after decades of bad trade deals.

trump's " tactics" have hurt American businesses, cost American jobs. he is a clueless dotard, but he has the full support of the weak minded dummys like YOU.

 

Universal Peach



Karma:
Posts: 6189
(6198 all sites)
Registered: 6/1/2009
Status: Offline

  posted on 8/28/2018 at 07:01 PM
quote:
quote:
quote:
Trump's tactic is to threaten everything, pull the rug out. This is how he approaches pretty much everything even though that isn't really what he wants. And in the end the parties get together and he (the US) settles for much less than what the original objective was.

No surprise the markets are pleased. Everyone was just holding their breath that the bite isn't as bad as the bark on this trade stuff. Many CEOs, investors, movers-shakers, just took the wait and see approach with Trump because they thought that in the end, he really doesn't want to tariff all the stuff from Mexico, or pull out of NAFTA. Same with the China stuff, these people are giving him the benefit of the doubt because, Trump is one of them, a businessman and they think that he ultimately has their best interests at heart, even if he has a different, unique or even dangerous way to get there.

But when all the dust settles, what real substantial change is there? Wall Street doesn't want change in a nationalist vein. Just don't rock the boat right? The vast majority of corporate board rooms don't want change that puts their growth and profits at risk. Sometimes among certain groups, I think I am the only person who really wants change. Does Trump want change...or does he just want to be able to claim change and score fictitious victories to promote to the masses?

It is risky stuff to advocate and push for drastic change in how the US economy and global economic system functions. And maybe the path we are on, the one we have been on is better, it's safer for sure. I think there is a better way, but it requires alot of change and the people in charge of making those decisions don't want any of that change...so...yeah...we get minimal improvements at best.

At the very least updating and reopening trade deals with South Korea and Mexico and all of our trading partners is good and in that respect Trump deserves some credit. But, from my point of view, the actual changes we are getting are not matching the expectations. Frankly, if we were getting the changes that some had hoped for and that Trump himself had pushed for, the markets would not be soaring, quite the contrary. But we should not let 'markets' dictate how and what our country wants to do, with stuff like this the tail always wags the dog though.



President Trump's tactics are producing great results for the U.S. after decades of bad trade deals.

trump's " tactics" have hurt American businesses, cost American jobs. he is a clueless dotard, but he has the full support of the weak minded dummys like YOU.



Unemployment is at record low levels, the U.S. economy is stronger than it has been in decades and the stock market (people's retirement) has risen to record levels all due to President Trump's leadership and policies.


 

True Peach



Karma:
Posts: 10538
(10537 all sites)
Registered: 8/16/2005
Status: Offline

  posted on 8/29/2018 at 10:14 AM
quote:
quote:
quote:
quote:
Trump's tactic is to threaten everything, pull the rug out. This is how he approaches pretty much everything even though that isn't really what he wants. And in the end the parties get together and he (the US) settles for much less than what the original objective was.

No surprise the markets are pleased. Everyone was just holding their breath that the bite isn't as bad as the bark on this trade stuff. Many CEOs, investors, movers-shakers, just took the wait and see approach with Trump because they thought that in the end, he really doesn't want to tariff all the stuff from Mexico, or pull out of NAFTA. Same with the China stuff, these people are giving him the benefit of the doubt because, Trump is one of them, a businessman and they think that he ultimately has their best interests at heart, even if he has a different, unique or even dangerous way to get there.

But when all the dust settles, what real substantial change is there? Wall Street doesn't want change in a nationalist vein. Just don't rock the boat right? The vast majority of corporate board rooms don't want change that puts their growth and profits at risk. Sometimes among certain groups, I think I am the only person who really wants change. Does Trump want change...or does he just want to be able to claim change and score fictitious victories to promote to the masses?

It is risky stuff to advocate and push for drastic change in how the US economy and global economic system functions. And maybe the path we are on, the one we have been on is better, it's safer for sure. I think there is a better way, but it requires alot of change and the people in charge of making those decisions don't want any of that change...so...yeah...we get minimal improvements at best.

At the very least updating and reopening trade deals with South Korea and Mexico and all of our trading partners is good and in that respect Trump deserves some credit. But, from my point of view, the actual changes we are getting are not matching the expectations. Frankly, if we were getting the changes that some had hoped for and that Trump himself had pushed for, the markets would not be soaring, quite the contrary. But we should not let 'markets' dictate how and what our country wants to do, with stuff like this the tail always wags the dog though.



President Trump's tactics are producing great results for the U.S. after decades of bad trade deals.

trump's " tactics" have hurt American businesses, cost American jobs. he is a clueless dotard, but he has the full support of the weak minded dummys like YOU.



Unemployment is at record low levels, the U.S. economy is stronger than it has been in decades and the stock market (people's retirement) has risen to record levels all due to President Trump's leadership and policies.


http://thehill.com/policy/finance/394142-interest-payments-to-exceed-social -security-cost-by-2048-cbo

 

Peach Bud



Karma:
Posts: 45
(45 all sites)
Registered: 4/30/2014
Status: Offline

  posted on 8/29/2018 at 10:38 AM
Anyone know how much land or properties that the Trump Organization will be receiving?
 

Peach Master



Karma:
Posts: 820
(820 all sites)
Registered: 4/7/2018
Status: Offline

  posted on 8/29/2018 at 11:52 AM
This is indeed great but itís gotta last for 6 yrs and be debt free in order to claim success. Kudlow stated that growth would cover the increase in debt and all would be net positive. I take Kudlow with a grain of salt as I remember his ďdonít sell, this is Bush bump 2.0Ē as it all tanked. Iím sure Iím not alone.

Republicans hatred of NAFTA is hypocritical since more Repubs supported it than Dems in both houses.

[Edited on 8/29/2018 by sckeys]

 

____________________
hope for the best

 

Universal Peach



Karma:
Posts: 6189
(6198 all sites)
Registered: 6/1/2009
Status: Offline

  posted on 8/29/2018 at 03:53 PM
quote:
This is indeed great but itís gotta last for 6 yrs and be debt free in order to claim success. Kudlow stated that growth would cover the increase in debt and all would be net positive. I take Kudlow with a grain of salt as I remember his ďdonít sell, this is Bush bump 2.0Ē as it all tanked. Iím sure Iím not alone.

Republicans hatred of NAFTA is hypocritical since more Repubs supported it than Dems in both houses.

[Edited on 8/29/2018 by sckeys]



The mistakes of the past are being corrected by President Trump and the results prove him to be right.

 

True Peach



Karma:
Posts: 10538
(10537 all sites)
Registered: 8/16/2005
Status: Offline

  posted on 8/29/2018 at 05:03 PM
quote:
quote:
This is indeed great but itís gotta last for 6 yrs and be debt free in order to claim success. Kudlow stated that growth would cover the increase in debt and all would be net positive. I take Kudlow with a grain of salt as I remember his ďdonít sell, this is Bush bump 2.0Ē as it all tanked. Iím sure Iím not alone.

Republicans hatred of NAFTA is hypocritical since more Repubs supported it than Dems in both houses.

[Edited on 8/29/2018 by sckeys]



The mistakes of the past are being corrected by President Trump and the results prove him to be right.

The words of a sad simpleton, living in a land of make-believe.

 

Peach Extraordinaire



Karma:
Posts: 4397
(4408 all sites)
Registered: 12/18/2004
Status: Offline

  posted on 8/29/2018 at 05:38 PM
quote:
quote:
This is indeed great but itís gotta last for 6 yrs and be debt free in order to claim success. Kudlow stated that growth would cover the increase in debt and all would be net positive. I take Kudlow with a grain of salt as I remember his ďdonít sell, this is Bush bump 2.0Ē as it all tanked. Iím sure Iím not alone.

Republicans hatred of NAFTA is hypocritical since more Repubs supported it than Dems in both houses.

[Edited on 8/29/2018 by sckeys]



The mistakes of the past are being corrected by President Trump and the results prove him to be right.



Thatís funny. Stupid, but funny. Untrue, but funny.

 

Peach Master



Karma:
Posts: 820
(820 all sites)
Registered: 4/7/2018
Status: Offline

  posted on 8/29/2018 at 06:31 PM
[quote


The mistakes of the past are being corrected by President Trump and the results prove him to be right.



So Bush Sr now makes the hate list. NAFTA was his baby. A mistake of the past.

 

____________________
hope for the best

 

Universal Peach



Karma:
Posts: 6189
(6198 all sites)
Registered: 6/1/2009
Status: Offline

  posted on 8/29/2018 at 07:06 PM
quote:
[quote


The mistakes of the past are being corrected by President Trump and the results prove him to be right.



So Bush Sr now makes the hate list. NAFTA was his baby. A mistake of the past.



Final negotiations for NAFTA were during the Clinton administration and the agreement came into force on January 1, 1994.

Did you go to the same School of The Stupid with Keller?


 
<<  1    2  >>  


Powered by XForum 1.81.1 by Trollix Software

Privacy | Terms of Service | Report Infringement | Personal Data Management | Contact Us
The ALLMAN BROTHERS BAND name, The ALLMAN BROTHERS name, likenesses, logos, mushroom design and peach truck are all registered trademarks of THE ABB MERCHANDISING CO., INC. whose rights are specifically reserved. Any artwork, visual, or audio representations used on this web site CONTAINING ANY REGISTERED TRADEMARKS are under license from The ABB MERCHANDISING CO., INC. A REVOCABLE, GRATIS LICENSE IS GRANTED TO ALL REGISTERED PEACH CORP MEMBERS FOR The DOWNLOADING OF ONE COPY FOR PERSONAL USE ONLY. ANY DISTRIBUTION OR REPRODUCTION OF THE TRADEMARKS CONTAINED HEREIN ARE PROHIBITED AND ARE SPECIFICALLY RESERVED BY THE ABB MERCHANDISING CO.,INC.
site by Hittin' the Web Group with www.experiencewasabi3d.com